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‘Dating the rate’ misled borrowers. Now they’re financially strained
An out-of-date mantra that once lured in prospective homebuyers is being criticized by mortgage originators who say clients were “misled.”
PropStream expands lead generation tech through acquisitions
The acquisitions merge PropStream’s property data capabilities with Batch Leads’ AI-driven lead generation tools and contact dialer.
Bilt raises $250M to expand into mortgages, with backing from UWM
Bilt, which operates a loyalty program and credit card that converts rent payments into points, has secured a new funding round led by General Catalyst and GID.
Guaranteed Rate Affinity hires Andy Ward as originating manager in Missouri
Ward brings a proven track record of success and leadership in the mortgage industry. The 25-year mortgage leader reportedly joined Guaranteed Rate Affinity to align with the company’s technological growth and expansion efforts.
The Mortgage Collaborative hires Jodi Hall as CEO and president
The Mortgage Collaborative (TMC), a member network comprised of independent mortgage banks, federally insured banks, credit unions and mortgage service providers, on Friday announced its appointment of Jodi Hall as CEO and president.
Deal or no deal? What opting in to NAR’s settlement could mean for some of the nation’s largest brokerages
Brokerages with total transaction volume of $2 billion-plus in 2022 have the choice to opt in to NAR’s settlement, but would they get a fair deal?
Panic! at the brokerage: Industry leaders plan next steps after NAR settlement
From more negotiations to the setting of list prices and an increased possibility of fair housing violations, industry leaders say agents will face many changes if the settlement is approved
Chaos, consolidation and opportunity: Experts weigh in on what NAR’s settlement means for the industry
In the wake of NAR’s commission lawsuit settlement agreement, brokers and agents must grapple with what the changes mean for their business.
